Isetan Mitsukoshi's Manila mall marks smooth start for real estate foray

Complex with high-rise condos offers diverse profit model for department store operator

20250207N Mitsukoshi BGC

The Mitsukoshi BGC complex in Manila includes a mall as well as high-rise condominiums. (Photo by Moe Saito)

MOE SAITO

MANILA -- Japanese department store operator Isetan Mitsukoshi Holdings' mall and residential complex in Manila, its first full-fledged venture into property development, has fared well in its first two-plus years with a focus on Japanese brands and an accessible image.

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